The controversy over President Trump’s proposal for a 50-year mortgage is highlighting deep affordability concerns in the housing market. The president kicked off a debate over housing costs last weekend when he floated on social media a longer-term mortgage — which would presumably mean lower monthly payments for the average homeowner, compared with a standard 30-year home…
Source: The Hill
Trump's 50-year-mortgage proposal highlights problems in housing market
Published in Administration, Business and Economy
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